Fans of Jim Collins’ books Good to Great and Built to Last identifying top performing companies and examining their characteristics might remember that before authoring these works, Collins was a consultant with McKinsey & Company. McKinsey & Company Consulting have recently released their own research paper along the same lines as Collins’ books, analysing companies…
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“Corporate culture can have a significant impact on a firm’s long-term economic performance . . . firms with cultures that emphasized all the key managerial constituencies (customers, stockholders, and employees) and leadership from managers at all levels outperformed firms that did not have those cultural traits by a huge margin. Over an eleven-year period, the…
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SAS recently published an article reporting on outcomes from a survey of 1100 business professionals regarding their Performance Management efforts. Key outcomes from the survey include: [in most cases] most areas of the organization are involved in performance management activities to some degree . . . only 16 percent of respondents indicate that performance management…
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The Innovation Zen blog recently suggested a list of the top 10 ways to link culture and strategy. While Innovation Zen lists some good ideas, it seems to me the list misses or does not emphasise strongly what I believe are the three central activities for linking strategy and culture. These are: Identify your current…
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A post over at the Be Excellent blog discusses research from the Gallup organisation showing that average employee engagement figures for the United States are: 30% Engaged 54% NOT Engaged 16% Actively Disengaged This is an incredible result for considering issues of performance, culture, and the management of intangibles at work. The research notes that…
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The Bain Consulting Management Tools Survey 2007 results have been published, and the results highlight the increasing importance of “soft” management skills in areas such as organisational culture, knowledge management, and innovation. Innovation is a continuing top priority Organisations are continuing to place emphasis on growth through innovation rather than relying on cost cutting to…
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A Deloitte study identifies 8 aspects of the people side of change that need to be managed: People risk and impact management Leadership alignment and stakeholder engagement Communications Culture Organizational design and governance Talent requirements and HR programs Workforce transition Learning and capability transfer The Be Excellent blog, drew on this recently published Deloitte research…
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The Be Excellent blog recently posted an article pointing to an interview with David Norton, of Balanced Scorecard fame. Norton commented that: There have been a number of studies on the success rate companies have in executing strategy, and they generally conclude that something like nine out of ten organizations that have strategies fail to…
The Be Excellent blog recently posted an article on what gets watched gets improved, quoting Bob Parsons (CEO of GoDaddy.com) to the effect that anything of significance that is measured and watched, improves This is a variation of the mantra in business circles that “what gets measured, gets managed.” There is, of course, a healthy…
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